Tullow Oil plc (OTCMKTS:TUWLF – Get Free Report) saw a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 1,717 shares, a decrease of 95.4% from the July 30th total of 37,339 shares. Based on an average daily volume of 71 shares, the short-interest ratio is presently 24.2 days.
Tullow Oil Stock Up 12.3%
Shares of Tullow Oil stock traded up $0.03 during trading on Tuesday, hitting $0.28. 1,650 shares of the stock traded hands, compared to its average volume of 17,541. Tullow Oil has a twelve month low of $0.05 and a twelve month high of $0.28. The company has a fifty day moving average price of $0.19 and a two-hundred day moving average price of $0.18.
Tullow Oil Company Profile
Tullow Oil PLC (OTCMKTS:TUWLF) is an independent oil and gas exploration and production company headquartered in London. The firm focuses on upstream activities, including the identification, appraisal, development and production of hydrocarbon resources. Tullow’s portfolio spans exploration licences through to producing assets, with a strategy centered on value-generative projects and rigorous capital discipline.
The company maintains a diversified geographic footprint, with operations across Africa, South America, Europe and Asia.
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